The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 25 June 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
25 Jun 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 582 578 558
Rank change year-on-year
-4 -20
Contract jobs citing Credit Derivative 37 40 54
As % of all contract IT jobs located in England 0.076% 0.079% 0.11%
As % of the Miscellaneous category 0.23% 0.24% 0.33%
Number of daily rates quoted 30 33 37
Median daily rate £638 £600 £575
Median daily rate % change year-on-year
+6.25% +4.34%
90% offered a daily rate of more than £590 £510 £546
10% offered a daily rate of more than £703 £690 £600
UK excluding London median daily rate - £525 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Credit Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16162 16454 16213
As % of all contract IT jobs located in England 33.20% 32.36% 33.09%
Number of daily rates quoted 10618 10421 10088
Median daily rate £438 £425 £413
Median daily rate % change year-on-year
+2.94% +3.03%
90% offered a daily rate of more than £265 £250 £235
10% offered a daily rate of more than £615 £610 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 556 617 661
Median hourly rate £21.00 £18.47 £20.50
Median hourly rate % change year-on-year
+13.69% -9.90%
90% offered a hourly rate of more than £12.42 £12.25 £12.50
10% offered a hourly rate of more than £46.91 £45.00 £42.50
UK excluding London median hourly rate £22.50 £18.50 £21.00
% change year-on-year
+21.62% -11.90%

Credit Derivative
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Credit Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Credit Derivative Jobs Demand Trend in England

Credit Derivative
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the England region.

Credit Derivative Daily Rate Trend in England

Credit Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the England region over the 3 months to 25 June 2016.

Credit Derivative Daily Rate Histogram in England

Credit Derivative
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the England region.

Credit Derivative Hourly Rate Trend in England

Credit Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the England region over the 3 months to 25 June 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +9 37 £638 +6.25% 3
Credit Derivative
UK

Credit Derivative
Top 30 Related IT Skills in England

For the 6 months to 25 June 2016, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Credit Derivative.

1 98 (100.00%) Derivative
2 61 (62.24%) Finance
3 58 (59.18%) Risk Management
4 53 (54.08%) Front Office
5 46 (46.94%) Fixed Income
6 42 (42.86%) Foreign Exchange (FX)
7 40 (40.82%) Credit Risk
8 29 (29.59%) Murex
9 27 (27.55%) C#
10 25 (25.51%) Banking
11 23 (23.47%) Java
11 23 (23.47%) Market Risk
12 21 (21.43%) C++
13 20 (20.41%) SQL
13 20 (20.41%) Calypso
14 19 (19.39%) ION Trading
14 19 (19.39%) Spring
14 19 (19.39%) Spring Integration
15 18 (18.37%) Bloomberg
16 17 (17.35%) HTML
16 17 (17.35%) AngularJS
17 16 (16.33%) Monte Carlo Method
17 16 (16.33%) Quantitative Finance
17 16 (16.33%) Migration
17 16 (16.33%) Investment Banking
18 15 (15.31%) OO
18 15 (15.31%) PhD
18 15 (15.31%) Multithreading
18 15 (15.31%) Mathematics
18 15 (15.31%) SDLC

Credit Derivative
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (3.06%) Tomcat
1 3 (3.06%) WebSphere
Applications
1 2 (2.04%) Spreadsheet
2 1 (1.02%) MS Excel
2 1 (1.02%) MS Visio
Business Applications
1 9 (9.18%) ION MarketView
2 4 (4.08%) Front Arena
3 1 (1.02%) SunGard GMI
Communications & Networking
1 1 (1.02%) NAS
1 1 (1.02%) SAN
Database & Business Intelligence
1 8 (8.16%) SQL Server
2 7 (7.14%) SQL Server Analysis Services
3 5 (5.10%) Relational Database
4 3 (3.06%) ObjectStore
4 3 (3.06%) PostgreSQL
5 2 (2.04%) Data Warehouse
5 2 (2.04%) Star Schema
6 1 (1.02%) Hadoop
6 1 (1.02%) Oracle Database
6 1 (1.02%) RDBMS
Development Applications
1 2 (2.04%) PowerDesigner
2 1 (1.02%) Bower
2 1 (1.02%) Maven
2 1 (1.02%) Yeoman
General
1 61 (62.24%) Finance
2 53 (54.08%) Front Office
3 25 (25.51%) Banking
4 16 (16.33%) Investment Banking
5 2 (2.04%) Back Office
6 1 (1.02%) Financial Institution
6 1 (1.02%) French Language
Job Titles
1 42 (42.86%) Analyst
2 38 (38.78%) Developer
3 35 (35.71%) Business Analyst
4 22 (22.45%) Credit Analyst
5 18 (18.37%) Java Developer
6 16 (16.33%) Murex Analyst
6 16 (16.33%) Murex Business Analyst
6 16 (16.33%) Risk Analyst
7 15 (15.31%) Credit Risk Manager
7 15 (15.31%) Risk Manager
8 14 (14.29%) Risk Business Analyst
9 12 (12.24%) Senior Developer
10 11 (11.22%) Credit Risk Analyst
10 11 (11.22%) Credit Risk Business Analyst
10 11 (11.22%) Front Office Business Analyst
10 11 (11.22%) Quantitative Risk Manager
10 11 (11.22%) Senior Java Developer
11 10 (10.20%) Angular Developer
11 10 (10.20%) Investment Banking Business Analyst
11 10 (10.20%) Technical Analyst
Libraries, Frameworks & Software Standards
1 19 (19.39%) Spring
1 19 (19.39%) Spring Integration
2 17 (17.35%) AngularJS
2 17 (17.35%) HTML
3 12 (12.24%) HTML5
4 9 (9.18%) XML
5 6 (6.12%) Web Services
6 5 (5.10%) CSS
6 5 (5.10%) Dropwizard
6 5 (5.10%) React
6 5 (5.10%) Twitter Bootstrap
7 3 (3.06%) .NET
7 3 (3.06%) Boost C++ Libraries
7 3 (3.06%) Django
7 3 (3.06%) STL
7 3 (3.06%) Twisted
7 3 (3.06%) WebSphere MQ
7 3 (3.06%) ZeroMQ
8 1 (1.02%) JMS
8 1 (1.02%) Murex MxML
Miscellaneous
1 98 (100.00%) Derivative
2 46 (46.94%) Fixed Income
3 42 (42.86%) Foreign Exchange (FX)
4 40 (40.82%) Credit Risk
5 23 (23.47%) Market Risk
6 15 (15.31%) Mathematics
7 6 (6.12%) Grid Computing
8 5 (5.10%) Analytical Skills
8 5 (5.10%) Statistics
9 4 (4.08%) Equities
10 3 (3.06%) Algorithms
10 3 (3.06%) Interest Rate Derivative
11 2 (2.04%) Data Structures
11 2 (2.04%) Equity Derivative
11 2 (2.04%) Reference Data
Operating Systems
1 4 (4.08%) Windows
2 3 (3.06%) Linux
3 2 (2.04%) Unix
Processes & Methodologies
1 58 (59.18%) Risk Management
2 16 (16.33%) Migration
2 16 (16.33%) Monte Carlo Method
2 16 (16.33%) Quantitative Finance
3 15 (15.31%) Multithreading
3 15 (15.31%) OO
3 15 (15.31%) SDLC
4 14 (14.29%) Data Analysis
5 12 (12.24%) Agile Software Development
5 12 (12.24%) TDD
5 12 (12.24%) User Acceptance Testing
6 11 (11.22%) Event-Driven Architecture
6 11 (11.22%) Risk Assessment
6 11 (11.22%) Translating Business Requirements
6 11 (11.22%) Validation
7 10 (10.20%) Collateral Management
7 10 (10.20%) Scrum
8 8 (8.16%) Stakeholder Management
9 7 (7.14%) Business Analysis
10 6 (6.12%) Requirements Analysis
Programming Languages
1 27 (27.55%) C#
2 23 (23.47%) Java
3 21 (21.43%) C++
4 20 (20.41%) SQL
5 9 (9.18%) Python
6 3 (3.06%) Perl
7 2 (2.04%) IronPython
7 2 (2.04%) Tcl
7 2 (2.04%) T-SQL
7 2 (2.04%) VBA
8 1 (1.02%) PL/SQL
Qualifications
1 15 (15.31%) PhD
2 1 (1.02%) Degree
Quality Assurance & Compliance
1 13 (13.27%) QA
2 1 (1.02%) MiFID
2 1 (1.02%) SLA
System Software
1 1 (1.02%) Veritas Cluster Server
Systems Management
1 1 (1.02%) BMC PATROL
1 1 (1.02%) ITRS Geneos
1 1 (1.02%) Nagios
1 1 (1.02%) Tivoli
Vendors
1 29 (29.59%) Murex
2 20 (20.41%) Calypso
3 19 (19.39%) ION Trading
4 18 (18.37%) Bloomberg
5 8 (8.16%) Oracle
6 5 (5.10%) Sencha
7 1 (1.02%) FactSet
7 1 (1.02%) Sophis
7 1 (1.02%) SunGard
7 1 (1.02%) Sybase
7 1 (1.02%) Tradeweb
7 1 (1.02%) Veritas